Ann: Quarterly Activities Report, page-41

It is clearly not Tropicana that is hurting the share price now. Tropicana is doing fine. I make it producing 120000 ounces at 1500 per ounce which gives a 5 year ROI. Not too bad in my books not being in the industry. We were gaining some good momentum before both the last two quarterly’s which stank and tanked the sp. I feel without Tropicana not sure what would have happened with Duketon. Would they have managed it better who knows. But at the momement all of Duketon is in the toilet with no end in sight. Which is really frustrating Duketon was going great before Tropicana then as soon as Tropicana gets going Duketon turns to shit. It’s like the company is following the sentiment lower and affirming the sentiment and drop in share price. I thought that Rrl was almost 100 percent below fair value. Now I am thinking fair value is somewhere between 2 and 2.50 not 3 to 4.